Press release
Exploring the Evolving Landscape: Blow-Molded Plastics Market 2024 - Size, Key Manufacturers, Demand Analysis, Share & Overview, Anticipating Trends and Challenges through 2033"
The Business Research Company presents an extensive market research report on the ""Blow-Molded Plastics Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Blow-Molded Plastics industry. This report on Blow-Molded Plastics market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The blow-molded plastics market size has grown steadily in recent years. It will grow from $93.63 billion in 2023 to $97.83 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to plastics marketing industry, expanding automotive and transportation industry, rise in demand for consumer goods, government regulations, rise in consumer awareness of environmental issues. The blow-molded plastics market size is expected to see strong growth in the next few years. It will grow to $121.93 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.
Request for Free Sample Of Blow-Molded Plastics Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=5830&type=smp
Key Market Players:
LyondellBasell Industries Holdings B.V., Berry Global Inc., PET All Manufacturing Inc., Inpress Plastics Ltd., The Dow Chemical Company.
Market Drivers:
According to the Blow-Molded Plastics Market Report 2024 by The Business Research Company, The growth in the beverage industry is expected to propel the growth of the blow-molded plastics market in the coming years. The beverage industry, sometimes known as the drink industry, is a global association of companies that sell various forms of beverages. Non-alcoholic and alcoholic beverages, such as packaged water, non-alcoholic beverages, energy beverages, milk, distilled spirits, spirits, and beer, are all part of the sector. Blow-molded plastics are frequently utilized in the beverage industry to make bottles, containers, lids, closures, coolers, transporting cases, and industry drums. HDPE is the most often used material for blow-molded containers and bottles due to its flexibility, mold-friendliness, and chemical inertness. For instance, in December 2022, according to the RDA Summary Report of online alcohol sales and delivery, a report of Retail Drinks Australia, an Australia-based national industry association that represents the interests of packaged retail liquor outlets, total retail sales of alcohol in Australia are expected to be at $16.3 billion in 2021-22. Online sales, including delivered and clock and collect orders, accounted for $2.1 billion, or 13% of total sales. Therefore, the growth in the beverage industry is driving the blow-molded plastics market.
More information about the Global Blow-Molded Plastics Market Report -
https://www.thebusinessresearchcompany.com/report/blow-molded-plastics-global-market-report
Market segments for Blow-Molded Plastics include:
1) By Type: Polypropylene, Acrylonitrile Butadiene Styrene (ABS), Polyethylene, Polystyrene, PVC, PET, Other Types
2) By Technology: Extrusion, Injection, Stretch
3) By Applications: Packaging, Consumables And Electronics, Automotive And Transport, Building And Construction, Medical, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Check Out The Blow-Molded Plastics Market Report's Discount Options Here -
https://www.thebusinessresearchcompany.com/Discount?id=5830&type=discount
Browse More Reports:
Plastic Material And Resins Global Market Opportunities And Strategies To 2030
https://www.thebusinessresearchcompany.com/report/plastic-materials-and-resins-market
Paper, Plastics, Rubber, Wood And Textile Global Market Report 2024
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
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Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Blow-Molded Plastics industry. This report on Blow-Molded Plastics market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The blow-molded plastics market size has grown steadily in recent years. It will grow from $93.63 billion in 2023 to $97.83 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to plastics marketing industry, expanding automotive and transportation industry, rise in demand for consumer goods, government regulations, rise in consumer awareness of environmental issues. The blow-molded plastics market size is expected to see strong growth in the next few years. It will grow to $121.93 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.
Request for Free Sample Of Blow-Molded Plastics Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=5830&type=smp
Key Market Players:
LyondellBasell Industries Holdings B.V., Berry Global Inc., PET All Manufacturing Inc., Inpress Plastics Ltd., The Dow Chemical Company.
Market Drivers:
According to the Blow-Molded Plastics Market Report 2024 by The Business Research Company, The growth in the beverage industry is expected to propel the growth of the blow-molded plastics market in the coming years. The beverage industry, sometimes known as the drink industry, is a global association of companies that sell various forms of beverages. Non-alcoholic and alcoholic beverages, such as packaged water, non-alcoholic beverages, energy beverages, milk, distilled spirits, spirits, and beer, are all part of the sector. Blow-molded plastics are frequently utilized in the beverage industry to make bottles, containers, lids, closures, coolers, transporting cases, and industry drums. HDPE is the most often used material for blow-molded containers and bottles due to its flexibility, mold-friendliness, and chemical inertness. For instance, in December 2022, according to the RDA Summary Report of online alcohol sales and delivery, a report of Retail Drinks Australia, an Australia-based national industry association that represents the interests of packaged retail liquor outlets, total retail sales of alcohol in Australia are expected to be at $16.3 billion in 2021-22. Online sales, including delivered and clock and collect orders, accounted for $2.1 billion, or 13% of total sales. Therefore, the growth in the beverage industry is driving the blow-molded plastics market.
More information about the Global Blow-Molded Plastics Market Report -
https://www.thebusinessresearchcompany.com/report/blow-molded-plastics-global-market-report
Market segments for Blow-Molded Plastics include:
1) By Type: Polypropylene, Acrylonitrile Butadiene Styrene (ABS), Polyethylene, Polystyrene, PVC, PET, Other Types
2) By Technology: Extrusion, Injection, Stretch
3) By Applications: Packaging, Consumables And Electronics, Automotive And Transport, Building And Construction, Medical, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Check Out The Blow-Molded Plastics Market Report's Discount Options Here -
https://www.thebusinessresearchcompany.com/Discount?id=5830&type=discount
Browse More Reports:
Plastic Material And Resins Global Market Opportunities And Strategies To 2030
https://www.thebusinessresearchcompany.com/report/plastic-materials-and-resins-market
Paper, Plastics, Rubber, Wood And Textile Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/paper-plastics-rubber-wood-and-textile-global-market-report
3D Printing Building Construction Global Market Opportunities And Strategies To 2031
https://www.thebusinessresearchcompany.com/report/3d-printing-building-construction-market
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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